wessie32

This is how this Indicator works

FX:GBPJPY   British Pound / Japanese Yen
This was setting up from a pullback after a trend line break. Was alerted on the dot for the short and the following dot was the exit. You can see the nice entries in the other dots prior on the chart. When used with some kind of other trading strategy for direction, this is a powerful confirmation indicator that can alert you. 4hr and daily are best entries. 1hr entries work nice when you have an idea where the market is going and why. Smaller time frame entries like the 5min and 15min the direction of the Daily trend work nicely too. Email wessie32@gmail.com if interested in using this indicator. I also have it for MT4. This is not meant to be your only tool, when combined with knowing how to trade it makes it very easy to be alerted to possibly good entries and then deciding if you like the turn. These dots are on the close of the candles so they DO NOT repaint.
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